Business
Scottie Resources Reports 12.4 g/t Gold and 8.7 g/t Silver Over 2.69 Metres at the Newly Discovered Domino Zone
VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT) is pleased to report assay resu
About this update from Scottie Resources Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT) is pleased to report assay results for the first ever drill program at the Domino Zone, including a high-grade intercept of 12.4 g/t gold and 8.7 g/t silver over 2.69 metres in which the hole ended in mineralization at a depth of 121.5 metres. Drilling also revealed near surface mineralization grading 19.9 g/t gold and 71.6 g/t silver over 0.94 metres hosted in a wider zone of moderate mineralization grading 2.48 g/t gold and 8.63 g/t silver over 15.46 metres. The Domino Zone was discovered in 2019, when high-grade surficial samples (up to 536 g/t gold) were collected in an area of recent glacial retreat. The zone is located on strike, 2 kilometres west of the known high-grade deposit of the past-producing Scottie Gold Mine. CEO, Bradley Rourke commented: “These drill results confirm our hypothesis of a high-grade gold mineralizing system occurring along strike from the past-producing Scottie Gold Mine. The 900 metre strike length of the Domino zone, combined with the 2 kilometer separation from the mine provides exceptional potential to host a large high-grade deposit. Drilling in 2021 will continue to target large high-grade dilatational zones, similar to the Scottie Gold Mine throughout the length of this structure.” Highlights Initial drilling program on Domino produced numerous high-grade intervals, including:• 12.4 g/t gold and 8.7 g/t silver over 2.69 metres• 19.9 g/t gold and 71.6 g/t silver over 0.94 metres• 13.4 g/t gold and 8.11 g/t silver over 1.07 metres Three new high-grade showings were discovered proximal to the Domino Zone• Each zone marked by a grab sample with > 50 g/t gold Surficial sampling results and geophysics indicate that the mineralizing system present at Domino is at least 900 metres x 450 metres New induced polarization (IP) grid defines prospective drill targets coincident with new high-grade grab sampling A ~634 line-km AirTEM Electromagnetic (EM) survey was flown over the entire Scottie Gold Mine Project, including the Domino Zone, data processing and interpretation is underway Drill Hole From (m) To (m) Width* (m) Gold (g/t) Silver (g/t) SR20-29 10.54 26.00 15.46 2.48 8.63 including 24.00 24.94 0.94 19.9 71.6 and including 24.54 24....